Advertisment

Changing course to avoid the tide

author-image
DQC Bureau
New Update

Mumbai: In a bid to take their economic reform movements a step
further and to avoid more cases likes the one involving ABS Systems, Trade
Association of Information Technology (TAIT) has issued a letter stating the end
the offenders would meet if caught. TAIT has issued a set of seven rules:
firstly, the name of the party found guilty of fraudulent activities will be
published in TAIT active group and the official TAIT magazine. Secondly, all the
members will immediately stop giving any due payments to this party, then, none
of the members would indulge in nay business with that party from then on. Also
all the main vendors will be informed and requested to stop all business
transactions with such parties; the association will also lodge a complaint on
behalf of the TAIT members at a nearby police station; a penalty of the amount
equal to the total damage done to all the affected parties will have to be paid
by the offenders; and finally all warranties for material purchased by this
party will be withdrawn by informing the concerned vendors.

Advertisment

The recent case involving ABS Systems which was also covered by The DQ Week
has got the IT industry in Mumbai on tenterhooks, and TAIT is not willing to
take any chances.

When contacted, Champak Raj Gujjar, Ex-Chairman and Director, TAIT said, "The
situation is pretty bad all over the nation these days, and we don't want any of
our members to suffer. Also, we want to spread awareness regarding these scams,
as the people who eventually are affected suffer because of their lack of
awareness. We want to avoid more such scams. If someone is selling something at
a generously low price, instead of grabbing it, the partners should wonder why
is it so cheap," he added.

"TAIT has been quite active to mellow down the current recession effects and
this is an addition to our endeavors," stated Gujjar.

Advertisment

Earlier TAIT had issued guidelines on how to avoid letting the recession take
a toll on members and their businesses.

Advertisment